rumitoid

President Donald Trump’s farm belt popularity likely took another hit Friday with news that Wisconsin farmer loan delinquencies hit an 18-year record high in June.
The past-due loans are a serious sign of the financial struggles taking a toll on farmers amid Trump’s trade war with China that he insisted would be easy to win.

The share of farm loans that are long past due rose to 2.9% at community banks in Wisconsin as of June 30, according to a Reuters analysis of loan delinquency data gleaned from the Federal Deposit Insurance Corp. That’s the highest rate in comparable records that go back to 2001.

Rural support was critical to Trump’s p**********l victory, but it’s unlikely to hold if v**ers lose their farms and livelihoods to the trade war. Wisconsin is a battleground swing state that went for Trump by fewer than 23,000 v**es. He won Michigan by fewer than 11,000 v**es.

Trump has arranged a mammoth $28 billion subsidy from taxpayers for farmers to help them survive the trade war, but many say it won’t be enough to make up for markets they have lost — possibly forever.
Another critical misjudgment by Trump — his decision to grant 31 refineries waivers allowing them to dodge corn-based ethanol requirements — is also alienating farmers.

Aides spelling out farmer anger over the waivers told a stunned Trump last month that he has a “problem” in Iowa, Reuters reports.

Former Iowa Gov. Terry Branstad, now U.S. ambassador to China, told Trump then that his loyal farmers won’t stand for policies favoring the oil industry at their expense, sources told Reuters. Branstad reportedly showed Trump a map of counties that had flipped in his favor in 2016 but were now considered at risk for the next e******n.

South Dakota’s Republican Gov. Kristi Noem and Minnesota’s Democratic Gov. Tim Walz fired off a joint letter to Trump earlier this week complaining that the waivers have triggered an increasing number of renewable fuel plants closing or slowing production. “We are extremely concerned about your administration’s actions to continue to grant small refinery hardship waivers,” the letter notes.
Administration switches off rule for thriftier light bulbs

vernon

Just more roid bull Shot.and he actually think he is helping the c*******t cause.but one thing I want you to remember the lady from mass just said she is going to shut down all drilling off shore and the
on land in this country.That will include fracking.Now think just how are we going to eat or even make a
living wage with i***ts mouthing off like that.The sad part i***ts like Y'all are to dimwitted to realize what
the hell is going on.

woodguru

You don't think that what he posted is going on?

So Vernon, are you aware of how the tens of billions in farm aid subsidies are being disbursed, or to who?

Here's a hint, it's based on an acre/bushel formula, a small farmer who needs the help the most because this is possibly going to put them under is getting under $10,000, meanwhile the big corporate entities are getting millions and tens of millions of dollars.